Alert! Bad news for PAN card holders! If you do not correct it, you will surely suffer a huge loss
NEWS NATION November 08, 2024 11:07 AM

From time to time, the government has made many changes in the rules of PAN card, which is very important for PAN card holders to know about. The Income Tax Department has issued a new rule for PAN card.

 

Pan Card New Rules:  Bad news has come for PAN card holders. A new rule related to PAN card has been implemented across the country. You must get this work done on your PAN card so that you can avoid it. Actually. PAN card is used just like Aadhar card at present. In such a situation, PAN card has been given the status of an important document for Indian citizens. It is a type of permanent account number. If any person has to do any special transaction, then it can be done very easily through PAN card.

There have been many changes in the rules for PAN card

From time to time, the government has made many changes in the rules of PAN card, which is very important for PAN card holders to know about. The Income Tax Department has issued a new rule for PAN card, which is very important for you to follow. About which we are going to talk in detail today. PAN Card New Rule For your information, let us tell you that the government has issued strict instructions along with keeping you updated regarding the use of PAN card.

 

What is the new rule related to PAN card

It is not that everyone can use PAN card at present. Under the new rule, it is very important for all PAN card holders to link their PAN card with Aadhaar card. If you do not do this, then your PAN card will be deactivated. At present, the fixed date or last date for linking Aadhaar and PAN card together has been set as 31 December 2024. If you do not link your PAN card with your Aadhaar card within the time and do not follow all the terms and conditions, then your PAN card will be deactivated. You may have to face a lot of problems in activating it.

 

What is the main purpose of linking PAN and Aadhaar

At present, the main purpose of linking PAN and Aadhaar is being said to be to promote financial transparency. Along with this, the government knows that all the activities of those who have PAN card can be easily tracked. So that it can be known how much black money they own, how much tax they are evading. To curb all these types of activities, the rule of linking PAN card with Aadhaar card was issued. Because after linking Aadhaar card and PAN card, the government can easily obtain all types of personal information of every person.

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